Uncle Sam can't afford a strong economy
The feel-good story of 2013 could become a major headache in 2014. Here's how investors can begin to defend themselves.
In another bit of good news, the recent era of very low interest rates has enabled Uncle Sam to keep interest payments in check. Five years ago, the government was paying a roughly 4% interest rate on its debt. That figure has fallen by more than 150 basis points since then.
Are these guys on drugs or something ???
The economy is getting worse everyday and normal people are not able to make it
There is no saving the economy now
The regime has things so screwed up they're turning common sense into B.S. Wow! If you think this is bad wait till 2015 when obamacare really kicks in. Bye bye middle class.
Whenever I read a report from the CBO, I'm reminded of the joke about the business owner who was looking for an accountant. After interviewing several people who answered his question "How much is two plus two" as "Four" he finally found his accountant, whose answer was "How much do you want it to be?"
CBO projections are drawn on an etch-a-sketch.
So, if we can't afford a strong economy, we have the right guy as President???
Obama Media Minions spinning again for the gullible.
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[BRIEFING.COM] The stock market ended the holiday-shortened week on a mixed note as the Dow Jones Industrial Average shed 0.1%, while the S&P 500 added 0.1% with seven sectors posting gains.
Equity indices faced an uphill climb from the opening bell after disappointing quarterly results from Google (GOOG 536.10, -20.44) and IBM (IBM 190.04, -6.36) weighed on the early sentiment. Google reported earnings $0.15 below the Capital IQ consensus estimate on revenue of $15.42 ... More
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